The idea behind minors' incapacity is that a minor may not be able to bargain effectively with older, more experienced persons. The courts responded to this idea by making minors' contracts void.
Correct Answer:
Verified
Q5: In a contract made by a minor,
Q6: Minors are generally held liable on a
Q7: The law uses the word veracity to
Q8: People lacking mental capacity are liable for
Q9: The minor who does not disaffirm within
Q11: Adults who contract with minors are bound
Q12: Chuck Olson, age 16, buys a used
Q13: Minors are liable for the value of
Q14: If either party entering a contract lacks
Q15: Generally, a minor may disaffirm by doing
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